Delaware Public Media

Business

Delaware Public Media's coverage of the business-related stories.

Delaware Public Media

Delaware’s unemployment rate dropped from 4.9% to 4.8% in October—the first decline since 2016.

Delaware Public Media

Drivers in the First State and across the Mid-Atlantic region may be pouting as they head to the pump, with gas prices continuing to rise.


Retailers and shoppers are anticipating a flurry of activity for the winter holidays, with sales expected to be the merriest since 2005.

Consumers also are changing the way they shop, with online purchases expected to surpass sales at brick-and-mortar stores for the first time.

By Trogain (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons

Toys and apparel are traditionally at the top of holiday wish lists. But there’s a big slice of the retail pie beyond retro 1980s Power Rangers and rain gear in high-tech fabrics.

This year, there’s a strong trend toward experiential gifts, as well as treats to be enjoyed at home.

Delaware Public Media

Delaware drivers are digging deeper into their wallets when their fill their gas tanks.

AAA Mid-Atlantic says the average price for a gallon of regular Sunday was $2.41 – up four cents from last week and 16 higher than three weeks ago.

Delaware beach residents have earned over $4 million using Airbnb.


Larry Nagengast

Two years after the passage of the legislation that made it possible, the Wilmington Neighborhood Conservancy Land Bank is now building an inventory of blighted and abandoned city properties  and is looking for buyers who are eager to transform blocks, even neighborhoods, that have fallen on hard times.

Delaware Public Media

In recent years, we’ve seen business incubators and collaborative workspaces in Wilmington and elsewhere in New Castle County.  Now, there’s a new business incubator in Kent County, providing cheap rent and educational business workshops.

The Kent County Department of Economic Development is renting out two thousand square feet of office space in the Levy Court complex for next to nothing—provided the renter is using the space to start a new business.

Kent County Economic Development Director James Waddington spoke with Delaware Public Media’s Nick Ciolino about how alleviating new entrepreneurs of the burdensome high cost of renting commercial space can make all the difference.


Courtesy of Allen Harim

Allen Harim will hatch baby chicks from a new $22 million Dagsboro facility starting next fall.
 


Delaware Public Media

Chemours is the latest to make a commitment to the University of Delaware’s STAR Campus.

The Wilmington based chemical company announced Monday it’s struck an agreement with UD to build a state-of-the-art research and innovation facility on the university’s STAR Campus.

Pages